Extended Stay Host Shareholders Meeting

Extended Stay America, Inc. (NYSE: ESA) will host its eighth Annual Shareholders Meeting on Tuesday, May 27, 2003 at 11:00 a.m.

The meeting will be held at Converse College in the Twichell Auditorium in Spartanburg, S.C. at 580 East Main Street. There will be a reception prior to the meeting on the second floor lobby of the auditorium.

Parking for the meeting will be available in front of Converse College on the main circle and beside Twichell Auditorium on either side of Fairview Street.

Extended Stay America, Inc. recently celebrated the following accomplishments:

—Opening 24 new hotels in 2002, bringing our seven-year total to 455 hotels in 42 states.
—Increasing our development schedule from 15 new construction starts at the beginning of 2002 to 24.
—Launching the Road Warrior Reservations Account service on our web site to enable faster, easier reservations for our regular guests after they enter their personal data just once.
—Moving into the Company`s new Spartanburg-based corporate headquarters building on May 19, 2003.


Extended Stay America, Inc., which is the fastest growing company owned and operated hotel chain in U.S. history, currently owns and operates 461 extended-stay hotels located in 42 states, including 95 StudioPLUS Deluxe Studios, 327 Extended Stay America Efficiency Studios and 39 Crossland Economy Studios facilities.

Extended Stay America, Inc. was founded in January 1995 by Mr. Johnson and H. Wayne Huizenga. Mr. Johnson was formerly President of the Consumer Products Division of Blockbuster Entertainment Corp., a division of Viacom, Inc. Mr. Huizenga, who is Chairman of the Board, formerly was Chairman of the Board for AutoNation, Vice Chairman of Viacom, Inc., and Chairman and Chief Executive Officer of Blockbuster Entertainment Corp.

For reservations, locations or additional information on Extended Stay America, Inc., please call 1-800-EXT-STAY or visit the Company`s Web site at www.extendedstay.com

NOTE TO EDITORS: For company information, logo and photos via the Internet, visit >http://www.extendedstay.com In the World Wide Web address noted in this release, there is a double slash between http: and www.extendedstay.com . These symbols may not appear properly in some systems.